Why this Investment in Townsville Australia?

Townsville is largest urban centre north of the Sunshine Coast and is considered the unofficial capital of North Queensland

With a population of approximately 190,000 people, Townsville is a thriving precinct with access to a variety of world class education facilities, leading edge health care and affordable housing.

Billions of dollars have been allocated for the region with projects such as Tropi Q, Defence, Port Expansion plus many others.

This commercial investment is a carpark with 346 car spaces plus 10 storage facilities.

Also shops on the ground floor

The owner is selling and will consider a trade of property plus cash as the first option, however adding cash to the investment to purchase another larger property is also an option.

GREAT COMMERCIAL INVESTMENT LOCATED IN THE TOWNSVILLE CBD

This carpark building is located in the Townsville CBD. Five floors of undercover secure carparking which gives a total of 346 carparking spaces.

Situated in the CBD and is conveniently within walking distance to shops, restaurants and Cafes’ and the Country Bank Stadium which is home to the North Queensland Cowboys Rugby League Team, as well as hosting other entertainment.

Above the 5 floors of parking another 4 floors have been built which consists of 92 Units, with owners and tenants utilising the car parking.

There are also 10 Storage facilities in the building.

The ground floor is home to businesses, including a restaurant and office accommodation.

The Carpark is managed by a major national carparking company.

Potential to increase the income from this Investment.

Other potential options include selling off the shops as individual investments and/or leasing out the carparks

Trade this investment and take it to its full potential.